| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $786M | $795M | $708M | -1.2% | 10.9% |
| Op. Income | $90M | $77M | $63M | 15.8% | 42.7% |
| Gross Margin | 55.4% | 53.7% | 52.2% | 1.7pp | 3.2pp |
| Net Margin | 11.0% | 9.3% | -4.9% | 1.7pp | 16.0pp |
| EPS (Diluted) | $0.34 | $0.29 | $-0.14 | 17.2% | 342.9% |
| Free Cash Flow | $87M | $100M | $85M | -12.5% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $786M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $435M |
| R&D Expenses | $113M |
| Selling & Marketing | $125M |
| General & Administrative | $87M |
| SG&A Expenses | $212M |
| Other Expenses | -$5M |
| Operating Expenses | $344M |
| Cost & Expenses | $694M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $56M |
| EBIT | $90M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $786M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $435M |
| R&D Expenses | $113M |
| Selling & Marketing | $125M |
| General & Administrative | $87M |
| SG&A Expenses | $212M |
| Other Expenses | -$5M |
| Operating Expenses | $344M |
| Cost & Expenses | $694M |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $56M |
| EBIT | $90M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $546M |
| Inventory | $298M |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $213M |
| Goodwill | $3.5B |
| Intangible Assets | $744M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $148M |
| Short-Term Debt | $256M |
| Deferred Revenue | $348M |
| Other Current Liabilities | $288M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $400.0K |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
